Next Article
NALCO shares hit record high as aluminum prices surge
Business
NALCO just hit a record ₹350.35 per share, gaining up to 4.8% in a day—thanks to booming global aluminum prices and solid company performance.
Why does this matter?
If you're into stocks or just curious about big movers, NALCO's been on a roll—delivering nearly 60% returns over the past year, way ahead of Sensex's 8%.
The company's debt-free, keeps posting strong profits, and now sits at a hefty ₹60,655 crore market cap.
What's fueling the growth?
Profits are up for the eighth straight quarter, with cash flow and earnings hitting new highs.
With demand rising from electric vehicles and tech infrastructure, NALCO is also expanding—currently expanding its refinery and planning new smelters to ride the next wave of aluminum demand.